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Tax Agreement with Taiwan: Boosting Trade and Investment

The U.S. House of Representatives supports a tax agreement with Taiwan to reduce double taxation. This could make it easier to do business and invest, potentially leading to more jobs and lower costs for companies, ultimately benefiting consumers.
Key points
Reducing double taxation for businesses and individuals operating between the U.S. and Taiwan.
Encouraging increased trade and investment, potentially leading to economic growth and job creation.
Strengthening economic and security ties between the United States and Taiwan.
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Additional Information
Print number: 118_HRES_449
Sponsor: Rep. Smith, Adrian [R-NE-3]
Process start date: 2023-05-25